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PARTNER MOVES - Margo Tank joins DLA Piper's Intellectual Property and Technology practice in Washington, DC

01 Feb 2018

DLA Piper announced today that Margo Tank has joined the firm's Intellectual Property and Technology practice as a partner in the Washington, DC, office.
Tank, who will be in the Technology, Data and Commercial subgroup of the firm's IPT practice, advises financial services, commercial enterprises and technology companies on regulatory compliance matters related to the use of electronic signatures and records to enable digital transactions to be offered online and via mobile devices.

Allen & Overy advised the underwriters in connection with Lodha Developers' high yield bond tap issuance

01 Feb 2018

HONG KONG – Allen & Overy advised CLSA, J.P. Morgan and UBS as underwriters in connection with the issuance by Lodha Developers of an additional USD125 million of high yield notes, which form a single series with the previously issued USD200 million of notes. The notes are guaranteed by Lodha Developers Private Limited and certain of its subsidiaries and are listed on the Singapore Stock Exchange. Proceeds from the tap offering will be used to refinance Lodha’s existing debt.

Allen & Overy advises Varkey Group Limited on the sale of a minority stake in GEMS Education to Malaysian sovereign wealth fund Khazanah Nasional Berhad

01 Feb 2018

DUBAI - Allen & Overy has advised Varkey Group Limited (VGL) on the sale of a minority stake in GEMS Education (GEMS) to Khazanah Nasional Berhad (Khazanah), a Malaysian government-owned investment fund.

GEMS is the world’s largest private operator of K-12 schools. VGL, the umbrella organisation, operates in the education, healthcare and construction sectors. As part of the transaction, VGL remains the majority shareholder of GEMS.

Ashurst advises on €412.7m note issuance by Harvest CLO XVIII DAC

01 Feb 2018

Ashurst advised The Bank of New York Mellon as trustee and in its agency capacities in connection with various classes of notes issued by Harvest XVIII CLO DAC, totalling €412.7 million and due in 2030. 

The Ashurst team was led by corporate trust (DCM) partner Malcolm Charles, assisted by associates Ciaran Vinaccia and Sophia Bathgate.

Rural broadband provider transfers to Gigaclear

01 Feb 2018

A team at Bevan Brittan led by Richard Hiscoke, has advised on the sale of the business of Buckinghamshire's rural broadband provider, Aylesbury Vale Broadband (AVB), to Gigaclear, the leading provider of full fibre broadband in rural locations. The deal will enable Gigaclear to serve the seven villages connected through AVB, as well as expand its existing ultrafast fibre-to-the-premises (FTTP) network further across Aylesbury Vale.

White & Case Advises on 150 MW Solar Farm in New South Wales, Australia

01 Feb 2018

Global law firm White & Case LLP has advised Neoen on the development and project financing of the 189MWp Coleambally Solar Farm in New South Wales.

"It was remarkable that Neoen was able to achieve financial close in less than a year from initial site selection; the largest financing of a solar farm in NSW, and Neoen's largest solar farm in Australia to date," said White & Case partner Ged Cochrane, who led the Firm's deal team. "We continue to support Neoen in delivering innovative, emissions-free renewable energy projects throughout Australia."